Solar Panel Cost Guide in Walthourville, GA (2023 Update)
- Walthourville Solar Installation Cost: $11,117
- 25-Year Savings: $26,686
- Payback Period: 7.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Walthourville
Let's take a look at the average cost of solar panels in Walthourville.
In Walthourville, solar panels cost about 2.55 per watt on average. Using this figure, a typical 6.2-kW system would cost about $11,121 before the 30% federal solar tax credit is applied.
How much you pay can go above or below the average in Walthourville depending on several factors, such as the type of solar panels you choose and the solar company you hire. Many homeowners find installing solar panels is a solid investment. The average homeowner in Walthourville can save around $23,000 on their energy bills over 20 years.
Click the button below to get connected to a top solar company in your area for a customized quote.
Solar savings over time in Walthourville
| Year | Return on Investment |
|---|---|
| 1 years | $-9,524 |
| 3 years | $-6,337 |
| 5 years | $-3,151 |
| 7 years | $36 |
| 9 years | $3,222 |
| 11 years | $6,409 |
| 13 years | $9,595 |
| 15 years | $12,782 |
| 17 years | $15,968 |
| 19 years | $19,155 |
| 21 years | $22,341 |
| 23 years | $25,527 |
| 25 years | $28,714 |
Top Solar Installers in Walthourville
Many homeowners choose to use a solar panel installer since trying to put up solar panels by yourself can be time-consuming. Some solar companies, particularly local ones, can help you make the most of incentives in Walthourville, thereby optimizing your ROI.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some near you:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Walthourville
Factors that Affect Solar Panel Costs in Walthourville
The cost of installing a solar system in Walthourville can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the price of a solar system in Walthourville, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can determine by looking at past electricity bills. Your overall cost can increase by about $2,550 for each additional kilowatt you need. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your power bills. In addition, add-on products, like solar batteries, can bring your total well above the Walthourville average.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That's why many Walthourville homeowners decide to finance their solar panel systems to make paying for solar more affordable. Even though solar loans make switching to solar energy more accessible for Walthourville homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The remaining significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in Walthourville, you'll have lots of options to choose from, but each comes at different price points for labor and equipment. The size of the company can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.65 | $11,138 | $25,281 | 7.6 years |
| 8 kW | $2.60 | $14,566 | $33,994 | 7.5 years |
| 10 kW | $2.55 | $17,850 | $42,849 | 7.4 years |
| 12 kW | $2.50 | $20,992 | $51,847 | 7.2 years |
| 14 kW | $2.45 | $23,990 | $60,988 | 7.1 years |
| 16 kW | $2.40 | $26,846 | $70,272 | 6.9 years |
| 18 kW | $2.35 | $29,560 | $79,698 | 6.8 years |
| 20 kW | $2.29 | $32,130 | $89,268 | 6.6 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: The kind of solar panel you need to get plays a part in which installer you should go with, since different companies offer different panels.
- Contract: It's important to look over your solar installer's contract fully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Warranty: If you care about the durability of your solar energy system, making sure your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Walthourville, GA Solar Cost FAQs
How much does it cost to install solar panels in Walthourville?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Walthourville?
You can't get solar panels for free in Walthourville. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Do solar panels increase your home value?
Solar panels can increase the value of your home remarkably as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.